Panama—Rule of Law
Category: GovernanceSource: World Bank World Development Indicators ↗Global Rank: #122 of 205Updated April 2026
Latest Value
-0.35
2023
YoY Change
+3.9%
2022 → 2023
Global Rank
#122
of 205 countries
Maximum
0.03
2016
Minimum
-0.36
2022
Last
-0.35
Previous
-0.36
Highest
0.03
Lowest
-0.36
Source
World Bank World Development Indicators
Panama's rule of law was -0.35 in 2023, ranking #122 out of 205 countries. This represents a +3.9% change from 2022. Over the past 23 years, the highest recorded value was 0.03 (2016) and the lowest was -0.36 (2022). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2023 | -0.35 | +3.9% |
| 2022 | -0.36 | -33.6% |
| 2021 | -0.27 | +5.5% |
| 2020 | -0.28 | -48.5% |
| 2019 | -0.19 | -20.6% |
| 2018 | -0.16 | -2206.7% |
| 2017 | 0.01 | -77.6% |
| 2016 | 0.03 | +123.9% |
| 2015 | -0.14 | -118.0% |
| 2014 | -0.06 | +74.5% |
| 2013 | -0.25 | -14.1% |
| 2012 | -0.22 | -958.2% |
| 2011 | 0.03 | +132.2% |
| 2010 | -0.08 | +17.5% |
| 2009 | -0.1 | +52.3% |
| 2008 | -0.2 | -17.2% |
| 2007 | -0.17 | -12.1% |
| 2006 | -0.16 | -53.2% |
| 2005 | -0.1 | +5.9% |
| 2004 | -0.11 | +23.4% |
| 2003 | -0.14 | -59.1% |
| 2002 | -0.09 | +52.9% |
| 2000 | -0.19 |
Top Countries — Rule of Law
| # | Country | Value | Year |
|---|---|---|---|
| 1 | Finland | 1.97 | 2023 |
| 2 | Denmark | 1.91 | 2023 |
| 3 | Norway | 1.83 | 2023 |
| 4 | Switzerland | 1.76 | 2023 |
| 5 | Singapore | 1.75 | 2023 |
| 6 | Luxembourg | 1.75 | 2023 |
| 7 | Austria | 1.75 | 2023 |
| 8 | Iceland | 1.72 | 2023 |
| 9 | Liechtenstein | 1.71 | 2023 |
| 10 | New Zealand | 1.71 | 2023 |